What Keir Starmer, Liz Truss and Rishi Sunak's energy billing plans save you - compared

The three prime minister candidates are all making plans to cut your energy bills this winter.

Keir Starmer's plan is by far the most ambitious - after the Labor leader promised to freeze the energy price cap at £1,971 and pay energy companies the £29 billion difference.

This will save families over £2,000 a year, as annual bills are expected to exceed £3,600 in October and £4,200 in January.

On the other hand, it will cancel a planned discount of £400 for everyone from October.

His major move put pressure on conservative candidates Liz Truss and Rishi Sunak to do more.

Liz Truss has announced she will scrap £159 a year in green levies and cut National Insurance.

Keir Starmer has pledged to freeze energy bills at £1,971 a year (

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But this tax cut will only save minimum wage workers £59 a year and self-employed people nothing at all. She doesn't rule out more help but won't specify now.

Rishi Sunak has announced that he will provide an additional "a few hundred pounds" in cost of living payments to pensioners (who currently receive £300) and benefit recipients (who currently receive £650).

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He and Labor would also eliminate VAT on energy bills, saving around £100 a year now and £200 a year when bills rise.

Here is a comparison of what the Labor leader and the two Tory leadership candidates have in full:

Keir Starmer

Keir Starmer would freeze the price cap on annual household gas and electricity bills at the current £1,971 for a further six months, until March 31 next year.

This would prevent regulator Ofgem from making two increases, to £3,600 projected on October 1 and £4,200 on January 1.

The £29bn difference between where the cap 'should be' due to soaring wholesale prices and where it is artificially frozen by Labor would be passed on to energy companies.< /p>

In return, the planned £400 discount on all British electricity bills between October and March would be scrapped, raising £14 billion to fund half of the plan.

At the moment, this plan does nothing to prevent bills from rising again on April 1, when some forecasts indicate that the price cap will exceed £5,000.